GILTI Implemented

Expatriate taxpayers may need to be aware of tax consequences in multiple nations.  When the rules in those nations change, following them becomes more complicated.  Recently the United States’ Internal Revenue Service came out with guidance forms and instructions for provisions of the Tax Cuts and Jobs Act under the name Global Intangible Low-Taxed Income,…

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Tuesday Tax Tip: 3rd Quarter Estimated Tax Due Soon

Third Quarter Estimated tax payment due Monday Sept 16. Can you believe major tax reform is in its second year?  As taxpayers are seeing its full effect on 2018 returns, the IRS reminds people who pay estimated tax that their third quarter payment for 2019 is due Monday September 16.  Thanks, IRS. On a brighter…

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